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Erin Woo @ The Information · 02/18/2025 09:00 EDT

Google scored a rare hit with an artificial intelligence–powered product last fall:  NotebookLM, which helps people summarize documents, even generating podcasts from its results. The podcast feature drew a glowing review from The Wall Street Journal. After the product’s release, CEO Sundar Pichai praised the “small, dedicated team that built NotebookLM, an incredibly popular product that has so much promise.” But the path to launch wasn’t quite so smooth as... Read more ›

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The Information
Juro Osawa @ The Information · 02/18/2025 01:07 EDT

A longtime Google researcher has joined TikTok owner ByteDance to help lead the Chinese company’s artificial intelligence research and development, in one of the Chinese tech giant’s most significant external hires of AI talent to date, according to two ByteDance employees with knowledge of the matter. Wu Yonghui, a 17-year Google veteran who was a vice president and one of the key researchers in charge of the U.S. company’s Gemini... Read more ›

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Laura Mandaro @ The Information · 02/17/2025 22:15 EDT

Safe Superintelligence, the startup launched by former OpenAI chief scientist Ilya Sutskever, is in talks to raise $1 billion in a round led by Greenoaks Capital Partners that would value the startup at $30 billion, Bloomberg reported. Sutskever founded the startup last year after leaving ... Read more ›

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Catherine Perloff @ The Information 3 place · 02/17/2025 09:00 EDT

Spotify is having a moment. The music-streaming pioneer recorded its first-ever annual profit in 2024, as a diversification into audiobooks and other new features brought in new subscribers and price hikes boosted revenues. So far this year, Spotify’s stock price has rocketed 43%, making it one of the best-performing tech stocks. But the surge in the paying-subscriber business hasn’t extended to the company’s relatively small advertising business, which Spotify had... Read more ›

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The Information
Juro Osawa @ The Information · 02/17/2025 06:53 EDT

South Korea has suspended downloads of DeepSeek’s mobile app in the country, citing concerns about the way the app collects personal information. South Korea’s Personal Information Protection Commission said Monday it had removed the DeepSeek app from local app stores since Saturday, pending an ... Read more ›

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Juro Osawa @ The Information · 02/17/2025 03:50 EDT

WeChat, the ubiquitous messaging and social networking app in China, has started integrating DeepSeek’s open-source artificial intelligence model into its search function. Tencent said in a statement that it recently began testing a feature in Weixin, the domestic Chinese version ... Read more ›

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Juro Osawa @ The Information · 02/17/2025 03:44 EDT

Chinese President Xi Jinping met with some of the country’s biggest tech executives at a symposium in Beijing Monday, in a rare gathering between the private sector and the Chinese leader, according to state media reports. Xi “delivered an important speech” at the symposium, reported state-owned ... Read more ›

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The Information
Martin Peers @ The Information · 02/16/2025 11:07 EDT

Meta Platforms plans to take up its complaints about European regulations with President Trump, Meta’s global policy director Joel Kaplan said at a conference in Munich, Bloomberg reported. His comments are the latest sign that U.S. tech giants hope to use President Trump’s America-first ... Read more ›

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Martin Peers @ The Information · 02/16/2025 08:50 EDT

Meta Platforms’ eyewear partner, EssilorLuxottica, plans to expand annual production capacity for the Ray-Ban Meta smart glasses to 10 million units by the end of next year, CEO Francesco Milleri said last week. Speaking on the company’s earnings call, Milleri also revealed that since the ... Read more ›

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Martin Peers @ The Information 1 place · 02/16/2025 08:39 EDT

Broadcom has joined TSMC in considering possible deals to buy part of Intel, the Wall Street Journal reported, the latest sign of the U.S. chipmaking icon’s steady decline. Last week officials within the Trump administration asked TSMC, which makes most of the world’s most advanced chips on ... Read more ›

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The Information
Sara Germano @ The Information 3 place · 02/15/2025 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Nuclear power could help tech solve its AI-driven electricity problem, if new reactors can actually get built.• Venture Bets: There’s a vibe shift in nuclear startup investing.• Clean Energy: Fusion, geothermal, solar. It’s not all about nuclear fission.• Plus, our Recommendations, messed-up love edition: A Lynch affair; Kafka for the ChatGPT generation and romance with a Scottish brogue.“This weekend feels like San... Read more ›

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Cory Weinberg @ The Information 3 place · 02/15/2025 09:00 EDT

Two big fintechs, banking app Chime and “buy now, pay later” firm Klarna, are getting ready to go public. While they were primping and polishing, they got a pleasant surprise from Washington this week: The Donald Trump administration effectively shut down the top consumer finance regulator. The shuttering of the Consumer Financial Protection Bureau could help the two companies—which offer lending products that received growing scrutiny from the agency in... Read more ›

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The Information
Alex Perry @ The Information 3 place · 02/14/2025 21:33 EDT

Uber has accused DoorDash of engaging in unfair practices by threatening to charge restaurants higher fees if they work with both apps to deliver food to consumers, according to a lawsuit Uber filed Friday in a California state superior court. Uber, which operates Uber Eats food delivery, ... Read more ›

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The Information
Natasha Mascarenhas @ The Information · 02/14/2025 19:06 EDT

Elon Musk’s xAI is in talks to raise $10 billion at a $75 billion valuation, according to Bloomberg. Sequoia Capital, Andreessen Horowitz and Valor Equity Partners, three firms that are already existing investors in the maker of the Grok chatbot, are in the discussions, the report said. The ... Read more ›

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The Information
Martin Peers @ The Information · 02/14/2025 18:00 EDT

Meta Platforms might be laying off staff, but it’s proving to be something of a haven for recently unemployed senior executives. Bloomberg broke news today that the Facebook parent had hired a recently departed CEO of TheRealReal as a vice president of retail, and the former CEO of General Motors’ self-driving–car unit, Cruise, to oversee a new team building humanoid robots. Wowee!Both these hires will be part of the company’s... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 02/14/2025 17:27 EDT

OpenAI’s board has formally rejected Elon Musk’s bid to buy the assets of its nonprofit for $97.4 billion, according to a statement posted to X. The decision, which was expected, comes four days after the entrepreneur originally offered to effectively take control of the OpenAI for-profit arm ... Read more ›

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The Information
Jessica E. Lessin @ The Information · 02/14/2025 17:19 EDT

On More or Less: The gang discusses Elon’s latest curveball. Apple Spotify YouTube Read more ›

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Yueqi Yang @ The Information · 02/14/2025 15:55 EDT

Nasdaq Urges SEC to Create Level Playing Field for Crypto Venues

Nasdaq is urging the U.S. Securities and Exchange Commission to create a “level playing field” for various venues for trading crypto assets, including national securities exchanges, showing how the exchange operator is trying to ensure it can be among the beneficiaries as the agency overhauls ... Read more ›

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The Information
Anissa Gardizy @ The Information 1 place · 02/14/2025 14:31 EDT

Taiwan Semiconductor Manufacturing Co., the world’s leading manufacturer of advanced chips for artificial intelligence, is considering whether to take a controlling stake in Intel’s chip manufacturing factories after Trump administration officials asked it to do so, according to a Bloomberg ... Read more ›

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The Information
Anissa Gardizy @ The Information · 02/14/2025 14:29 EDT

Elon Musk’s artificial intelligence startup xAI is looking to set up a new data center as it plans to substantially increase the number of Nvidia chips it uses, according to someone involved in the discussions. The move comes as xAI nears a deal with Dell Technologies, a server maker, to buy $5 ... Read more ›

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12.11.2025 01:48
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